Full-time labour supply increased by eight per cent in September 2023 when compared to figures from the same period in 2022, administrative data provided by Jobsplus to the National Statistics Office (NSO) has highlighted.
Figures published on Friday (today), show that the labour supply – excluding part-timers – has now reached 278,677. This was attributed to a year-on-year increase in the full-time registered employment, that of 20,549, and an increase in registered unemployment (49).
Administrative and support services activities (3,896), as well as accommodation and food services activities (3,638) were the primary contributors to growth in employment in September 2023 when compared to the same month in 2022.
In addition, registered full-time employment in the private sector went up by 20,342 persons reaching the total of 226,221. In contrast, public sector full-time employment only increased by 207, amounting to 51,452.
With regards to the number of individuals registered as full-time self-employed, this figure rose by 726 when compared to those of September 2022. Meanwhile, the number of people registered as employees increased by 19,823.
Overall, there was an 8.4 per cent increase in the number of male full-time employees, while female full-time employees rose by 7.3 per cent over 2022 levels.
Part-time employment rates also increased by 6.3 per cent. The sectors which contributed the most to this increase were professional scientific and technical activities (749), closely followed by transportation and storage (632).
In general, the number of part-timers who also held a full-time job amounted to 41,134, up by 8.7 per cent.
Employed individuals whose part-time job was their primary occupation totalled 33,926, up by 3.5 per cent when compared to the same month in 2022.
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The ‘exponential’ increase was driven by growing interest from domestic households, with workplace pensions remaining very limited